Microcredit support for COVID-19 recovery
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Approval date
29 January 2021
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Borrower
PerMicro S.p.A.
- Country
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Loan size
€ 3 600 000
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Line of action
Inclusive growth
Support for vulnerable groups -
Status
Completed
A €3.6 million Programme loan to promote financial and social inclusion of entrepreneurs, vulnerable low-income persons, resident foreigners and ethnic minorities in Italy, with a focus on reducing gender imbalances.
Final beneficiaries will be entrepreneurs, particularly women and young entrepreneurs, low-income families and those from vulnerable groups and migrant backgrounds, who have limited or no access to the traditional banking system.